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Government has decided on no more reforms: BJP

Delhi,Business/Economy,Politics, Fri, 20 Apr 2012 IANS

New Delhi, April 20 (IANS) The opposition Bharatiya Janata Party (BJP) Friday said the government seems to have decided against any more reforms as the prime minister's economic advisor Kaushik Basu had said reforms were not possible till the 2014 Lok Sabha polls.


Basu, who is accompanying Finance Minister Pranab Mukherjee on a visit to the US, had said that post-2014 "you would see a rush of important reforms" and after 2015, India would be one of the "fastest growing" economies of the world.


Reacting to this, BJP leader Rajiv Pratap Rudy told IANS: "It is an indication that the government has conclusively taken a call that no more reforms can take place in the UPA II."



Rudy said allies were no more supporting the government on anything, whether it was on bills or the "burden" of charges against the United Progressive Alliance (UPA) like graft and price rise.


"Major alliance partners will not like to go with the Congress any more...the burden of charges on the UPA government, be it graft or price rise, allies are no more with them," Rudy said.


"The trust in alliance partner has waned...It sounds of impending elections," he said.


Speaking at the Carnegie Endowment meet in Washington, Basu had blamed the slowdown in decision making on the spate of recent corruption related scams and also blamed coalition compulsions for policy paralysis.


"We are going through a difficult year. (After 2014), you would see a rush of important reforms and after 2015, India would be one of the fastest growing economies of the world. The new government, if in a majority, would start with the reforms in a big way because there is a sense that it needs to pick up," Basu had said.


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